Landlordstat  from Chicago Temperature control  I  think they have the temperature range type controls. 

There are so many rent controlled buildings that generate such little rent, with owners that paid 50-200K in the 70's that should be easy to turn into deals now.

Maybe instead of 1.2 DSCR you underwrite the deal at 1.3, but in reality there isn't anything you can do about market equity as you don't have control over the interest rates. 

If the current owners didn't need the cash, a master lease type structure could be a way to go to get you control of the property, but somehow a Will, or Trust in this case, would have to name you as the heir. 

To make money you have to get a good loan and leverage, appreciation hopefully, HOA can't control and keep it rented.   

Rent control. 

This is somewhat more risky these days with the annual pushes by tenant activists for statewide rent control.   

I don't love letting folks view when an existing tenant is there because it is not a controlled environment, however if you have had a recent inspection of the property and you know it shows well and the tenant is amendable then "GREAT".I would add that since your tenant is vacating early, they are still financially responsible for the lease until end of term.

Having control of all aspects of esthetics down to where, when and how the homes are set will give your tiny village a more solid, planned appearance and comfortable layout.Oregon offers many opportunities that are not widely advertised.

For the existing home: I have to install a separate heater that is thermostatically controlled from inside the apartment - I found a nifty little unit that will do the trick for under $300.